perelgut (01/20/83)
An article discussing a new model of global economics called "The Information Economy" has been submitted to net.misc. It is comprised mainly of ideas are taken from an article describing Yoneji Masuda (a Japanese economist). The article, by Robert Arnold Russel, appeared in a monthly column in the November 1982 issue of Executive. The premise is that classical economics is limited by material productivity in a world where resources are running out. The new school of economic thought is based on infor- mation productivity instead of industrial productivity. The article slightly more than 100 lines long. --- Stephen Perelgut ---